Untitled: A Study of Formal and Informal Property Rights in Urban Ecuador

@article{Lanjouw1998UntitledAS,
  title={Untitled: A Study of Formal and Informal Property Rights in Urban Ecuador},
  author={Jean Olson Lanjouw and Philip I. Levy},
  journal={Real Estate},
  year={1998}
}
In this paper we explore the substitutability of formal and informal property rights. We analyze new survey data from Ecuador, where households have both formal and informal claims to urban residential property. The latter come from a variety of sources, including the activity of a local boss, or organizer. We first develop a theory of the ability to sell or rent land in which a distinction is drawn between transferable property rights (e.g., title) and non-transferable claims (e.g., length of… Expand
Land values, property rights, and home ownership: Implications for property taxation in Peru
This paper evaluates the effect of property rights on property values in Peru. Previous research on squatting has shed light on how the provision of formal land titles affects a number ofExpand
Property Rights for the Poor: Effects of Land Titling
Secure property rights are considered a key determinant of economic development. The evaluation of the causal effects of property rights, however, is a difficult task as their allocation is typicallyExpand
Property Rights, Place-Based Policies, and Economic Development
This paper examines the effect of property rights on economic development within local labor markets, including how property rights change the equilibrium response to place-based policies. It does soExpand
Legal Title, Tenure Security and Investment -- An Empirical Study in Beijing
Small property rights (SPR) housing is an informal way to provide housing for residents in Chinese cities. In this paper, we examine the institutional framework and development of SPR properties inExpand
Legal title, tenure security, and investment—An empirical study in Beijing
Small property rights (SPR) housing is an informal way to provide housing for residents in Chinese cities. In this paper, we examine the institutional framework and development of SPR properties inExpand
Property rights as a public policy tool: an empirical analysis of the social and economic effects
Secure property rights are considered a key determinant of economic development. However, the evaluation of the causal e¤ects of land titling is a di¢ cult task. The Brazilian government through aExpand
Capitalization of legal title: Evidence from small-property-rights houses in Beijing
Abstract Small-property-rights housing is one of informal ways of providing housing units in Chinese cities. Yet, there are still relatively few studies of informal settlements in China. This paperExpand
Does low-income homeownership work? The effects of titling among beneficiaries in Cape Town and Lusaka
The provision of real property rights through titling and informal settlements upgrading is widely imagined to have considerable direct and indirect effects on urban poverty. The evidence for suchExpand
Property rights imperfections and asset allocation: Co-ownership in Bulgaria
This paper analyzes how imperfections of property rights affect households' allocation of assets using micro-survey data from Bulgaria. Co-ownership of assets is widespread in many countries due toExpand
The Political Economy of Ethnicity and Property Rights in Slums: Evidence from Kenya
We show that ethnic patronage and informal property rights provide an avenue for rent extraction in Kenyan slums. As is common across slums in the developing world, most households in our area ofExpand
...
1
2
3
4
5
...

References

SHOWING 1-10 OF 57 REFERENCES
The Determinants and Impact of Property Rights: Land Titles on the Brazilian Frontier
This paper provides new empirical results regarding the demand and supply of title, its impact on land value, and its effects on agricultural investment on Brazilian frontiers. We use survey dataExpand
Tenure Security and Urban Squatting
While recent studies have shown that up to 35% of the total urban population of the Third World live in squatter settlements, there is a dearth of economic analysis on the phenomenon of squatting.Expand
Getting Institutions “Right” for Whom? Credit Constraints and the Impact of Property Rights on the Quantity and Composition of Investment
The effects of property rights on investment are typically hypothesized to occur through a security-induced investment demand and a collateral-based credit supply. Using a two period model, thisExpand
Urban squatting and community organization in developing countries
Abstract It is estimated that up to 30–35 percent of the total urban population of the Third World (about 185 million people) live in squatter settlements. This paper presents, from an economicExpand
The demand for tenure security in developing countries
Abstract We use survey data for Manila, the Philippines, to estimate hedonic functions for formal and squatter housing values. We show that on average a rented squatter unit in Manila would rent forExpand
Land Policies and Farm Productivity in Thailand
This study assesses the economic implications of land ownership security in rural Thailand. It uses data from this country to rigorously analyze several aspects of land ownership security. ItExpand
Property Rights and the Preconditions for Markets: The Case of the Amazon Frontier
We examine the development of property rights to land on the frontier in the Brazilian Amazon. Based on survey data, we find that: land further from markets is low valued and less likely to haveExpand
Economic Analysis, the Legal Framework and Land Tenure Systems
D ISCUSSIONS of the efficiency of various systems of land tenure are marred by all sorts of imprecision in analysis. Economists have developed a clear notion of economic efficiency but discussions ofExpand
Property Rights and Investment Incentives: Theory and Evidence from Ghana
  • T. Besley
  • Economics
  • Journal of Political Economy
  • 1995
This paper examines the link between property rights and investment incentives. I develop three theoretical arguments based on security of tenure, using land as collateral and obtaining gains fromExpand
Possession is Nine Points of the Law: The Political Economy of Early Public Land Disposal
Abstract Early federal policies for disposal of public lands underwent significant changes in the first 40 years of their existence. Though the first policies established around 1800 called for salesExpand
...
1
2
3
4
5
...